# 3. Problem Statement

The blockchain industry, despite its revolutionary potential, encounters critical challenges:

* **High Transaction Fees:** Leading networks like Ethereum suffer from costly and unpredictable gas fees.
* **Scalability Issues:** Many blockchains lack the capacity to efficiently process large transaction volumes.
* **Security Risks:** Smart contract exploits and network centralization create vulnerabilities.
* **Financial Exclusion:** Over **1.7 billion people** worldwide remain unbanked, limiting access to decentralized financial services.

**Nanora** is engineered to overcome these obstacles by integrating **cutting-edge AI-driven security, scalable infrastructure, and cost-efficient transactions**, setting a new standard in blockchain technology.
